Ticket to the Next Level
A Fractional CFO is an experienced executive who works for your company a “fraction” of the time. This allows a small business to have the expertise of a CFO without the corresponding full-time salary and benefits. Our CFOs are a member of your executive leadership team – They are your CFO. They just aren’t there all the time. We structure each engagement to match your needed workload and budget.
What does a Fractional CFO do?
Helps with specific challenges, such as cash flow issues, low or unknown gross margins, overspending, or getting the books in order.
Focuses on the future. Bookkeepers and Controllers keep track of historical transactions in an accurate manner, but the CFO role is different. A Fractional CFO is forward-looking, helping business owners create a roadmap for the company’s growth.
Improves company decision making with Budgeting, Forecasting, Management Reporting, KPIs, and Business Intelligence
Raises capital (Debt or equity)
Builds a foundation that a company can grow on. As a small business exits its “Start-up phase,” things get infinitely more complex. In order to sustain growth, the company needs a strong foundation. A CFO can help your company build more sophisticated systems, processes and strategies that can take it to the next level.
Optimizes profit and other performance metrics.
Maximizes the value of your company. Whether you are actively planning an exit or not, your company is probably your biggest investment. And its value matters. A Wolcott CFO will not be a cost center for your company, but s/he will drive value.